Department of Numbers

Dubuque Iowa Residential Rent and Rental Statistics

The median monthly gross residential rent in Dubuque, IA (the Dubuque metro area) was $766 in 2016 according to the Census ACS survey.1 Average gross rent in Dubuque was $789 in 2016. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2017 Dubuque median and average rent data will be released in September of 2018.

Data is also available below for Dubuque rental vacancy rates, Dubuque rent as a percent of median income and the fraction of renters in Dubuque.

Show dollars as: Nominal Real

Real Gross Rent in Dubuque Iowa (2016 dollars)2

2016 1 Year Change 3 Year Change
US Median Gross Rent $981 +0.93% +7.80%
Iowa Median Gross Rent $741 +1.93% +8.49%
Dubuque, IA Median Gross Rent $766 +9.12% +11.82%

Dubuque, IA Real Gross Rent Trends

At $766, real median gross rent in Dubuque was at its highest level in 2016 since the series began in 2005. Average gross rent for Dubuque peaked in real terms in 2013 at $799 and is now $10 (1.25%) lower.

Real Gross Rent in Dubuque: Dubuque IA Median, Dubuque IA Average, Iowa Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Dubuque

Date US
Median
Iowa
Median
Dubuque, IA
Median
Dubuque, IA
Average
2016 $981 $741 $766 $789
2015 $972 $727 $702 $774
2014 $942 $717 $704 $723
2013 $910 $683 $685 $799
2012 $898 $672 $701 $790
2011 $898 $663 $681 $712
2010 $912 $671 $671 $750
2009 $916 $665 $615 $672
2008 $932 $687 $639 $731
2007 $885 $636 $604 $642
2006 $895 $685 $648 $672
2005 $869 $667 $581 $578

Historical Rental Vacancy Rate data for Dubuque

Date US Iowa Dubuque, IA
2016 5.89% 6.24%
2015 5.85% 6.41%
2014 6.32% 5.47%
2013 6.49% 6.03%
2012 6.77% 6.77%
2011 7.40% 6.64%
2010 8.17% 6.38%
2009 8.43% 5.97%
2008 7.86% 6.80%
2007 7.87% 7.54%
2006 7.70% 6.28%
2005 7.74% 7.17%

Rent as a Fraction of Income

Using median household income data for Dubuque, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dubuque, median monthly gross rent as a fraction of median household income was 15.20% in 2016 according to the ACS.

Dubuque Iowa Median Annual Rent as a Fraction of Median Household Income

2016 1 Year Change 3 Year Change
US 20.43% -0.20% -0.35%
Iowa 15.81% +0.07% +0.21%
Dubuque, IA 15.20% +0.99% -0.59%

Trends in Dubuque, IA Rent as a Fraction of Income

The fraction of median Dubuque household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 16.63%. Since then it has fallen by 1.42% to 15.20%.

Fraction of Income towards Rent: Dubuque IA, Iowa, US

Percent of median household income going towards median monthly gross rent in Dubuque Iowa

Historical Data for Annual Rent as a Fraction of Income in Dubuque Iowa

Date US Iowa Dubuque, IA
2016 20.43% 15.81% 15.20%
2015 20.63% 15.74% 14.22%
2014 20.89% 15.88% 14.92%
2013 20.78% 15.60% 15.80%
2012 20.65% 15.57% 16.63%
2011 20.70% 15.61% 14.94%
2010 20.50% 15.74% 15.16%
2009 20.12% 15.26% 14.54%
2008 19.00% 14.87% 13.83%
2007 18.66% 14.39% 13.94%
2006 18.90% 15.75% 14.61%
2005 18.89% 15.38% 13.23%

Renter Fraction in Dubuque Iowa

You can calculate the renter fraction in Dubuque in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Dubuque as a fraction of total Dubuque households. In 2016 25.86% of households were renters according to Census ACS data.

Dubuque Fraction of Renters by Household Units

2016 1 Year Change 3 Year Change
US 36.88% -0.09% +0.38%
Iowa 29.37% +0.04% +0.18%
Dubuque, IA 25.86% -2.27% -3.30%

Trends in the Dubuque, IA Renter Fraction

The Dubuque household renter fraction peaked in in 2013 at 29.16% and is now 3.30% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Dubuque IA, Iowa, US

Fraction of renters in Dubuque

History of Dubuque Renter Fraction

Date US Iowa Dubuque, IA
2016 36.88% 29.37% 25.86%
2015 36.97% 29.33% 28.13%
2014 36.90% 29.13% 27.35%
2013 36.50% 29.19% 29.16%
2012 36.09% 28.07% 27.76%
2011 35.42% 27.65% 25.76%
2010 34.65% 27.64% 25.73%
2009 34.13% 27.92% 23.96%
2008 33.36% 27.11% 24.87%
2007 32.80% 26.31% 25.41%
2006 32.73% 26.70% 26.63%
2005 33.10% 26.90% 22.16%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.